(1,5111) The CABLE formed a negative day reversal after a 1,5150 overshooting. Only a daily closing tonight below 1,5087 will confirm a s/t top probably already helping to resume the decline. The indicators of the daily chart are still well negative while those of the s/t ones are still showing a mixed picture suggesting further consolidation/ correction with the 200 hours line at 1,5153 the possible attraction! An hourly closing above 1,5160 will instead support higher levels and at the moment we see a more chances for a move higher, still as a correction!! Only a break below 1,5060 confirmed by an hourly closing will resume the decline!! We wait for a decent extension of the correction to sell.
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Future Trend
